Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Notable ETF Inflow Detected - PFF, HSBC, DB, TMUS
Thursday, October 27, 10:50 AM ET, by Market News Video Staff

Symbols mentioned in this story: PFF, HSBC, DB, TMUS Exchange traded funds (ETFs) trade just ...

iShares Latin America 40 ETF Experiences Big Inflow
Friday, November 4, 11:07 AM ET, by Market News Video Staff

Symbols mentioned in this story: ILF, ITUB, BBD, ABEV Exchange traded funds (ETFs) trade just ...

Noteworthy ETF Outflows: PFF, HSBC, DB, DB
Tuesday, November 8, 10:47 AM ET, by Market News Video Staff

Symbols mentioned in this story: PFF, HSBC, DB, DB Exchange traded funds (ETFs) trade just ...

Deutsche Bank (DB) Shares Cross Above 200 DMA
Thursday, November 10, 4:10 PM ET, by Market News Video Staff

In trading on Thursday, shares of Deutsche Bank AG (DB) crossed above their 200 day ...

ILF, ITUB, BBD, ABEV: Large Inflows Detected at ETF
Friday, November 11, 10:48 AM ET, by Market News Video Staff

Symbols mentioned in this story: ILF, ITUB, BBD, ABEV Exchange traded funds (ETFs) trade just ...

  More articles:  1 2 3 4 5 6 7 next »

MSFG Trading Below Director's Recent Buy Price

By Market News Video Staff, Tuesday, November 29, 11:58 AM ET
Play Video: One Reason For Insiders to Buy

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on September 6, MainSource Financial Group's Director, Charles J. Thayer, invested $4,075.00 into 500 shares of MSFG, for a cost per share of $8.15. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Tuesday, bargain hunters could buy shares of MainSource Financial Group Inc (NASDAQ:MSFG) and achieve a cost basis 4.4% cheaper than Thayer, with shares changing hands as low as $7.79 per share. It should be noted that Thayer has collected $0.01/share in dividends since the time of their purchase, so they are currently down 4.3% on their purchase from a total return basis. MainSource Financial Group Inc shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of MSFG shares, versus its 200 day moving average:

MainSource Financial Group Inc Chart

Looking at the chart above, MSFG's low point in its 52 week range is $6.88 per share, with $10.87 as the 52 week high point that compares with a last trade of $7.80. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
06/15/2011 Archie M. Brown Jr. President and CEO 1,513 $7.12 $10,772.56
08/04/2011 John G. Seale Director 3,700 $8.90 $32,930.00
08/15/2011 Charles J. Thayer Director 2,000 $8.00 $16,000.00
08/18/2011 Charles J. Thayer Director 500 $8.20 $4,100.00
08/19/2011 Charles J. Thayer Director 1,000 $8.15 $8,150.00
08/23/2011 Charles J. Thayer Director 1,500 $8.07 $12,105.00
09/06/2011 Charles J. Thayer Director 500 $8.15 $4,075.00

MSFG operates in the Banking & Savings sector, among companies like Banco Bradesco S.A. (NYSE:BBD) which is up about 0.2% today, and Deutsche Bank AG (NYSE:DB) trading higher by about 1.7%. Below is a three month price history chart comparing the stock performance of MSFG, versus BBD and DB.

MSFG,BBD,DB Relative Performance Chart


The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.

Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   Charles   Director   Financial   Group   MSFG   MainSource   NYSE   Share   Thayer   Trial   about   asset   basis   below   buying   cash   changing   chart   cost   currently   designed   down   earned   expect   history   hunters   insider   last   like   many   only   performance   point   portfolio   program   purchase   reason   share   shares   stock   that   their   there   they   this   trading   versus   week   which   with
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Portfolio Channel Stock Market Definitions

MSFG Trading Below Director's Recent Buy Price | Market News Video | Copyright © 2008 - 2017, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.